Condo sales tied to alleged TJ money laundering

Federal authorities have blocked the sale of three condos in Chula Vista. The properties are tied to a man suspected of running a Tijuana money laundering ring. Authorities claim Lorenzo Arce used the companies as a front to launder drug money for the Arellano Felix Drug Cartel. Bernard Gonzalez is the spokesman for the Chula Vista Police Department. He says it's the first time he's heard of such a thing.

Gonzalez: I'm sure it's been done in the region before. Certainly it's unusual to have three locations in one city that are tagged to that extent. However, they're all connected to one individual.

Federal agents have posted notices on the homes: warning they cannot be sold without government permission.

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